other material
confidence high
sentiment neutral
materiality 0.55
First Hawaiian reports April deposit $21.18B, down 0.5% from March; Q1 earnings highlights
FIRST HAWAIIAN, INC.
- Q1 2023 net income $66.8M ($0.52 EPS); NIM 3.11%, efficiency ratio 54.5%.
- Total loans grew $129.3M in Q1; deposits declined $407.5M (1.9%) to $21.28B.
- As of April 30, deposits further declined $96.8M (0.5%) to $21.18B.
- CET1 ratio 11.97%; dividend maintained at $0.26/share.
- 2023 expense outlook: noninterest expenses expected 4.0-4.5% higher than Q4 annualized.